I determined the value to be $1,506,533:Value = NOI/Cap RateValue = $135,588/0.09Value = 1,506,533I put down 20% ($301,306)I pay 1 point ($15,065)I pay for title insurance and a lawyer ($7,101)Total: $323,472"After your research, you decide to project a 3% annual increase for both the income and expenses."

Hello,I pulled the tax card for a property that I am interested in and was wondering if I should take any of the information on the tax card into consideration such as the total appraised value ( I know this is a different value than what an appraiser would appraise the value at after a P + S is signed), or other information. 

I'm still working on my degree and working on increasing my income.

Rent was earning me $950/month and was paying 12% on property management since i live 3/4 of the country away...Last month i owed 34k on the loan still, but the last comparable property in the same property area sold for 139k prior to the fire, with the townhouse being rebuilt new here within the next year, i expect the value to increase with the updates in the rebuild...Just wanted to get some input on situation, im financially able to cover this $505/month easily, but i feel like there is something i could be doing to offset this and figured the creative minds on here would help me out.

Rent $1,450 to Tenant / Buyer with a $7k to $10k option consideration fee. 

We're at that time of the year where prices are going to be decreasing over the next few months, not increasing.

If you flipped these properties, can you re-invest (in the ways you stated), and not only recover your current cash flow, but increase it?

This person insists on getting a HELOC and their reason for it is because we will only pay for the money when we need it, but the rate increases with the prime rate.

We are due for a slight correction, but those generally quite nuanced and they happen on a neighborhood-by-neighborhood basis (example: the prices drop 2%-5% for a quarter or two in a specific neighborhood).Q2 set a benchmark. 1/3 of all SFH sales were sold for $2m+, and the median sale price for a SFH was $1.62m, which was a 13% YTY increase. 

rational people do not think every inherited tenant is bad. but rational people know that inherited tenants remove a degree of control and thereby increase risk. you are safer in assuming they are bad tenants, than in assuming they are good tenants.